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Top 5 MBA Specializations In India

Deciding what type of MBA to study can be hard for students. There are many choices, and it can be tough to pick one. Read on to know more about top 5 MBA specializations in India along with fees structure and top colleges.
authorImageAnil Solonki7 Nov, 2023
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Top 5 MBA Specializations In India

Top 5 MBA Specializations In India: In the current MBA admission season, aspiring students need to prepare for a crucial decision – choosing an MBA specialization. This choice can be as challenging and perplexing as deciding on a career path or selecting the right MBA institute. Here are the top 5 MBA specializations in India: MBA in Finance, MBA in Marketing Management, MBA in Human Resource Management (HRM), MBA in International Business, and MBA in Business Analytics. These specializations are popular and offer promising career prospects. Finance is highly sought-after, followed by Marketing Management and HRM. International Business and Business Analytics are also gaining traction due to rising demand. Students should select a specialization based on their interests, skills, and career goals.

Top 5 MBA Specializations In India

MBA is a popular course in India that students can study after their bachelor's degree. There are different areas you can focus on, called specializations. Here are the top 5 specializations in India:
  1. MBA in Finance
  2. MBA in Marketing Management
  3. MBA in Human Resource Management (HRM)
  4. MBA in International Business
  5. MBA in Business Analytics
These specializations are liked by many students because they lead to good jobs. Finance is the most wanted, then Marketing Management and HRM. International Business and Business Analytics are also becoming popular because companies need experts in these areas. Besides these top 5, there are more specializations to choose from, like Operations Management, Information Technology, Logistics and Supply Chain Management, Rural Management, Healthcare Management, and Agri Business Management.

MBA in Finance

MBA in Finance is highly popular in India. It is a two-year postgraduate course that offers in-depth knowledge of business and finance. This program equips students with advanced skills needed for roles in corporate finance, banking, financial planning, and other important business positions. Students learn about managing money, investments, and making financial decisions in businesses.

MBA in Finance Course Overview

MBA in Finance is a big business degree that concentrates on money matters.
  • It covers finance and management, teaching about stock markets, money risks, predicting trends, and investing.
  • The course helps students learn how to analyze data and use statistics. Universities use economics, math, and stats to teach these skills.
  • Students study topics like managing money for companies, planning finances, budgeting, and handling investments.

Why Pursue MBA in Finance?

Getting an MBA in Finance means you'll learn a lot about business and money.
  • This degree prepares you for important jobs in corporate finance, banking, and financial planning.
  • MBA in Finance combines math skills with management lessons, making it ideal for high-level finance jobs.
  • It's perfect for those who want to use their financial knowledge in big companies.

MBA in Finance Job Roles and Average Salary

Here is the clear overview on MBA in finance job roles and average salary listed below, candidates can check the same over here:
MBA Finance Job Roles MBA Finance Average Salary (INR)
Financial Analyst 5 - 8 LPA
Business Analyst 6 - 12 LPA
Finance Manager 10 - 18 LPA
Equity Research Analyst 7.5 - 12 LPA
Research Analyst 6 - 10 LPA
Relationship Manager 7 - 9 LPA
Account Manager 7 - 12 LPA
Bank Manager 6 - 10 LPA
Chief Financial Officer 15 - 20 LPA

MBA in Marketing Management

MBA in Marketing Management is a two-year course that helps students learn about things like how to talk to customers, communicate within a company, understand competition, create brands, and know why people buy things. Here are some important things to know about MBA in Marketing Management:

MBA in Marketing Management Course Overview

Studying an MBA in Marketing Management means you'll learn about marketing in businesses.
  • It focuses on sales, market research, different marketing strategies, management skills, leadership, and understanding what people like to buy.
  • The course also includes learning about traditional, social, mobile, and digital marketing methods.
  • You'll study topics like finding out what customers want, making ads, managing sales, and handling brands.

Why Pursue MBA in Marketing Management?

Getting an MBA in Marketing Management will make you really good at marketing.
  • It prepares you for important jobs like marketing, advertising, managing brands, and researching markets.
  • MBA in Marketing Management combines marketing skills with management lessons, making it perfect for high-level marketing jobs.
  • It's ideal for those who want to use their marketing knowledge in big companies.

MBA in Marketing Management Job Roles and Average Salary

Here is the clear overview on MBA in Marketing Management job roles and average salary listed below, candidates can check the same over here:
MBA Marketing Job Roles MBA Marketing Average Salary
Marketing Manager 7.9 LPA
Brand Manager 8.8 LPA
Asset Management 4 LPA
Corporate Sales 5 LPA
Market Research Analyst 3.4 LPA
Sales Manager 5 LPA
Product Manager 6 LPA
Head Of Digital Marketing 7 LPA

MBA in Human Resource Management (HRM)

MBA in Human Resource Management (HRM) is a two-year postgraduate course that concentrates on hiring, managing, and guiding employees in an organization. Here are important details about MBA in HRM:

MBA in HRM Course Overview

MBA in Human Resource Management (HRM) is a wide business degree focusing on people at work.
  • It teaches important topics like employment laws, hiring the right people, managing performance, and communication skills.
  • The syllabus covers both traditional and modern HR practices, including how to handle employee relations, compensation, training, and more.
  • Students also learn about organizational behavior, planning for human resources, managing performance, and handling relationships between employees.

Why Pursue MBA in HRM?

Studying for an MBA in Human Resource Management (HRM) will make you an expert in HR topics.
  • This degree prepares you for important jobs in HR management, finding the right talent, handling relationships between employees, and other top HR roles.
  • MBA in HRM combines HR skills with management lessons, making it a great choice for high-level HR jobs, even in the top corporate positions.
  • It's perfect for those who want to use their HR knowledge in big companies.

MBA in HRM Job Roles and Average Salary

Here is the clear overview on MBA in human resource management job roles and average salary listed below, candidates can check the same over here:
MBA in HR Job Roles MBA in HR Average Salary (in INR)
HR Manager - Talent Acquisition INR 9.8 LPA
HR Manager - Training INR 4.8 LPA
HR Manager - Compliance INR 6.9 LPA
HR Professor INR 10 LPA

MBA in International Business

MBA in International Business is a two-year course where you learn about how businesses work worldwide, trading between countries, and managing different cultures. Here are important details about MBA in International Business:

MBA in International Business Course Overview

MBA in International Business is a special business degree that looks at how businesses work worldwide.
  • It teaches important topics like global marketing, trading between countries, managing different cultures, and international finance.
  • The syllabus covers both traditional and modern international business practices, including how countries trade, handle money, and manage supplies globally.
  • Students also learn about the international business environment, marketing, finance, and managing supplies worldwide.

Why Pursue MBA in International Business?

Getting an MBA in International Business gives students lots of chances in the global business field, such as working in international trade, global marketing, and managing different cultures. Graduates can also get jobs in big companies, international organizations, and government agencies. Many famous universities offer international business degrees, and graduates often find well-paying jobs worldwide.

MBA in International Business Job Roles and Average Salary

Here is the clear overview on MBA in international business job roles and average salary listed below, candidates can check the same over here:
Job Roles Average Salary (Per Year)
CEO, COO, and CFO $100,000 (average)
International Sales Manager $86,000 - $97,000 (average)
International Trade Compliance Manager $86,000 - $97,000 (average)
Global Marketing Manager $86,000 - $97,000 (average)
International Logistics Coordinator $50,000 (average)
Business Development Coordinator $50,000 (average)
Director of Operations $76,000 - $134,000 (average range)
Business Development Director $76,000 - $134,000 (average range)

MBA in Business Analytics

MBA in Business Analytics is a two-year course where you learn about both business basics and how to use data and analytics. It teaches management skills along with technical knowledge in data analysis. Here are some important details about MBA in Business Analytics:

MBA in Business Analytics Course Overview

MBA in Business Analytics is a unique business degree that concentrates on using data for analysis.
  • It teaches important topics like data mining, decision models, visualization, and understanding customer data.
  • The syllabus includes both traditional and modern data analytics methods, such as statistical analysis and machine learning.
  • Students also learn about data management, visualization, mining, and predictive modeling.

Why Pursue MBA in Business Analytics?

Studying for an MBA in Business Analytics means you'll learn a lot about using data for analysis.
  • This degree prepares you for important jobs like data analytics and data science.
  • MBA in Business Analytics combines data skills with management lessons, making it perfect for high-level data jobs, even in top corporate positions.
  • It's ideal for those who want to use their data analysis knowledge in big companies.

MBA in Business Analytics Job Roles and Average Salary

Here is the clear overview on MBA in business analytics job roles and average salary listed below, candidates can check the same over here:
Job Roles Average Salary (Per Year)
Advanced Analytics Consultant $100,000 (average)
Business Analyst $100,000 (average)
Business Intelligence Analyst $100,000 (average)
Compliance Analyst $100,000 (average)
Data Analyst $100,000 (average)
Data Scientist $100,000 (average)
Marketing Analyst $100,000 (average)
People Analyst $100,000 (average)
Research Analyst $100,000 (average)
Revenue Management Analyst $100,000 (average)
Senior Product Strategy Analyst $100,000 (average)

Top 5 MBA Specialisations in India FAQs

What is the scope of an MBA in Finance in India?

MBA in Finance offers opportunities in banking, investments, corporate finance, and financial planning, with high-paying roles like financial analyst, investment banker, and finance manager.

What careers can I pursue with an MBA in Marketing Management? 

With an MBA in Marketing Management, you can work as a brand manager, marketing strategist, sales manager, or market research analyst in diverse industries.

What does an MBA in Human Resource Management (HRM) entail?

MBA in HRM focuses on recruiting, training, and managing employees. Graduates can pursue roles like HR manager, talent acquisition specialist, or training and development manager.

What opportunities does an MBA in International Business offer?

MBA in International Business opens doors for careers in global marketing, international trade, and cross-cultural management, suitable for roles like international sales manager and global marketing manager.

What skills do I gain with an MBA in Business Analytics?

An MBA in Business Analytics equips you with skills in data analysis, predictive modeling, and decision-making. Graduates can work as data analysts, business intelligence analysts, or data scientists in various industries.
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